■  Hr\ 

UC-NRLF 

lllllllllllllllllllllllllllllllllllllllllllllllllllllll 

S^2B 

K'sz 

B    3    113    fiSS 

Key 


to   tlie 


Commission  Set:  Budget  131 


of 


Rowe's  Bookkeeping  and  Accountancy 

(Copyright  1911) 


bv 


H.  M,  Rowe,  Ph.D, 


This  key  is  loaned  to  the  teacher  and 
must  not  be  given  to  others.  Return  it 
to  the  publisher  when  no  longer  required 


00 

o 
in 
'^ 

o 

>- 


THE  H.  M.  ROWE  CO. 
BALTIMORE,  MD. 


t.L^.'-:;^T'0'  :  '^!; 


EbOv..--M'.^r^  DEF^o 


•    »  •  ',• 


I      »  , 


Key 

to  the 

Commission  Set  Budget  131 

of 

Rowe's  Bookkeeping  and  Accountancy 

(Copyright  1911) 
by 

H.  M.  Rowe,  Ph.D. 


This  key  is  loaned  to  the  teacher  and  must  not  be  given  to  others. 
Return  it  to  the  publisher  when  no  longer  required. 

The  first  27  pages  give  the  results  for  the  routine  transactions.  The 
results  for  the  supplementary  drills  begin  on  page  28.  These  drills  are 
just  as  important  as  the  regular  transactions  and  should,  under  no 
circumstances,  be  omitted. 

Note  to  Teacher:  The  only  outgoing  papers  prepared  by  the  student 
are  account  sales.  They  should  be  called  for  at  each  closing,  and  may 
be  checked  with  the  account  sales  register  shown  in  the  key. 


THE  H.  M.  ROWE  CO. 

EDUCATIONAL    PUBLISHERS 

B.\LTIMORE,  MD. 


54r.n)3 


^ 

MAY  1   -   1 

C 

1 

CASH                                                                                                                      1 

Cash 

First  Kafl  Bankj 

General  Ledger  |    Date  | 

Explanation 

Sales  Ledger  Accts 

Dr.             Or. 

,  Dr..            Cr. 

Dr.              Cr.    L 

.A 

Dr.              Cr. 

«  «  e 

«   t 

t      «  « 

• 

t*  •     * 

10000 

Vay 

1 

Capital  Stock 

:             i            1 

•c 

',2(«00 

.«     • 

•• 

•  ■     • 

;      il 

2000 

' 

' 

•    •  • 

«       «     « 

t  «          €       • 

».  r     •    » 
«  •    t  e    « 

,15P0' 

•12^10 

15W) 

1000 

800 

< 

•  ••: ; 
.* ': ; 

10000 

•  ' 

•  • 

•  •  • 

•  ••• 

•  •     • 

10000 

• 
• 

177 

50 

150 

75 

2 

Deposit 
Furniture  t  Fixtures 

7 

65 

3 

Charges 

107' 

75 

4 

G.   B.   Greer  4  Co. 

52 

22 

• 

4 

Charges 

32 

95 

6 

Bri^t  &  Co. 

14 

75 

14 

75 

Freight-In 

68 

19 

Charges 

97 

90 

Proceeds 

358 

09 

6 
20 

50 
52 

6 

50 

1240 

7 

Jjneriftan  Preserving  Co. 
C.  W.   Stevens  &  Co. 
Frolght-ln 
Charges 

365 

40 

677 

40 

Cash  Sales 

1035 

49 

1035 

49 

1 

Deposit 

397 

79 

6 

Proceeds 

1101 

09 

Proceeds 

38 

35 

Charges 

5 

76 

Paclcages  P.etumed               | 

American  Preserving  Co. 

5 

76 

212 

50 

244 
176 
140 
195 

968 

2 

11 

34 

17 
58 
46 
67 

54 
75 
22 
50 

11 

22 

115 

9 

Cash  sales 

Proceeds 

Proceeds 

Proceeds 

Proceeds 
Althouse  Fruit   Co. 

Eockel,  Woeldike  &  Co. 

Charges 
Freight -In 

Expenses 

499 

06 

363 
43 

281 

37 
84 

30 

4 

20 

150 

10 
11 

Koble  B.  Wiggins 

Proceeds 

Charges 
notes  Payable 
Packages  Hetumad 
L.   D.    Dozier,  Trustee 

Proceeds 

509 

4 

25 
20 

353 

12 

852 

18 

852 

18 

45 

i 

■■' 

Cash  sales 

Deposit 

Charges 

5 

10 

5 

10 

13   Pac>B.ge8  Returned 

63 

42 

Botes  Payable 

4 

75 

Charges 

111 

55 

115 

Althouse  Fruit   Co. 

3  45 

j  Purchase  Discounts 

1202 

80 

1240 

37   20 

C.  W.   Stevens  &  Co. 

Purchase   Discounts 

1 

127 

15 

14 

H.   T.   Gardner 

129   75    jl 

193 

30 

63 
6 

18 
08 

6 

08 

111 

60 

J.   E.    Daugherty 
Althouse  Fruit  Co. 

Proceeds 
Packages  P.etumed 

197 

25 

128 

53 

213 
388 
273 

11 
94 
85 

15 

Wilson  &  Williams 
Proceeds 
Proceeds 
Proceeds 

131 

15 

781 

75 

1235 

83 

1235 

83 

65 

200 

48 

70 

25 

48 

25 

Cash  sales 
Deposit 
Expense 
Expenses 
Frt.,  Exp.  &  Dra. 

13123 

50 

13123 

50 

13336 

00 

8178 

77 

1602 

51 

11725 

77 

1342 

JZ6_ 

Balance        5157  23                                                                                                                                               1 

Notoa  BeceiTable 
Dr.      Cr. 


lUY  1  -  IS 

JPUBKAL 


Interest 
Dr.     Cr. 


Cbarges 

Dr. 


7 
52 

66 


20  52 


38 


29 


29 


43 


35 


75 


64 


Frooeads 
Dr. 


97 


397 
1101 


244 
176 
140 
195 


45 
4 


75 


283 


363 
150 

281 
63 


Porcbasesi 
Dr. 


1077 


90 


27 


63 


213 
388 
273 


37 


30 


42 


47 


75 


EjEpenses 


Gea'l 


26 


1240 


115 
968 


54 


111 


60 


75 


Wareh. 


32 


65 


4151  0.2  3512 


89 


65 

131 


228 


20 


60 


95 


Sell 


13 


65 


54  35 


100  95 


Salea  Diao. 

,   ,  Dr. 


15 


20 


15 


15 


30  35 


31 


Sales 
Dr.     Or. 


10  19 


60 
95 


62 


26167 


677 


212 


40 


50 


353 


781 


2024 


12 


75 


77 


MAY   1 


15 


EITTRIES   POP   INVENTORIES  AEBCLOSITG. 


JInJrentory 
;    ;  Porcliases 


ilay  15 


15 


StmJirir  Resource   Inventoriea 
.  '^  General   Expense 

Pacicogea   Returned 

ConaisaloB- 

15 
Sales 

General  Expense 
Freight- In 

Sundry  Liability  Inventories 

15 
Packages  Returned 
Purchase  Dlacotonts 
Interest 
Sales 
Insurance 
Commission 

Freight-In 

Frt. ,  Erp.   &  Dra. 

Purchases 

General  Expense 

Warehouse  Expense 

Selling  Expense 

Sales  Discounts 

Reserve    for  Bad  Debts 

Undivided  Profits 

15 
Purchases 

Inventory 

15 
General  Expense 
Paclages  Returned 
Commission 

Sirndry  Resource   Inventories 

15 
Sundry  Liability  Inventories 

Sales 

General  Expense 

Freight-In 


I   I 
691  57 


81 


77 


617 

4 '50 

12  75 


2  34 

40  65 

29 

3918  68 

94  34 

352  33 


691  57 


32  50 

6i  08 

43  19 


634  25 


691 


57 


32  50 

6  08 

43|19 


45.22 

10i55 

2956 1  77 

200 ! 60 


100 


95 


30135 

26  67 

56  1 30 

981  22 


634 


25 


691 


81 


57 


77 


617 

4 

12 


50 
75 


Sales  Boole. 


4. 

H.  T.  Gardner, 

129  75 

4. 

Anerlcan  Preserving  Co., 

365  40 

6. 

Wilson  &  Williams, 

131  15 

C. 

Chandler  Eros., 

236  25 

7. 

American  Preserving  Co. , 

594  75 

7. 

J.  R.  Daugherty, 

197  25 

7. 

J.  W.  Dorris,  ' 

135  00 

8. 

H.  T.  Gardner, 

481  55 

8. 

H.  D.  Lee  Mercantile  Co., 

618  50 

8. 

L.  D.  Dozier,  Trustee, 

388  10 

9. 

Noble  B.  Wiggins, 

509  25 

9. 

Winston  Farrington  &  Co., 

1078  26 

•9. 

Bauer  Grocer  Co. , 

287  80 

10. 

J.  W.  Dorris, 

347  50 

11. 

H.  T.  Gardner 

150  07 

13. 

J.  W.  Dorris 

594  50 

13. 

J.  P.  Daugherty, 

220  05 

13. 

Prown  Bros. , 

414  66 

14. 

Wilson  &  Williams, 

211  80 

7091  61 


?-IAY  1-15 


o5- 


TRIAL  BALAKCE.  HAY  15.   19 


HOWABD  &  TIITOBRS  CO. 


Capital  Stock 

Pamlture  4  Plrfcuroa 

Frolght-In 

Packages  Returned 

Althouse  Fruit  Co. 

Frt. ,  Exp.  &  Dra. 

HotOB  Payable 

Purcliase  DlBOOxmts 

Interest 

Sales  Ledger  Accts. 

Purchases 

Charges 

Proceeds 

General  Expense 

VTarehouse  Expense 

Selling  Expense 

Sales  DisooimtB 

Sales 

Insurance 

Commission 

Inventory 

Stmdry  Resource  Inv. 

Sundry  Liability  Inv. 

Cash 


150 
45 


1055 


5629 

2956 

72 

213 

200 

100 

30 

26 


691 
81 

5157 


Joqcp 


15367 


-2i34 


Ml 

213 

40 


60 

42 

65 
29 


90 


3918 

94 

352 


634 


15367 


25 


90 


ACCOPirr  SALES 


Date 


May 


No. 


2 
3 
6 
7 
1 
2 
4 
5 

10 
1 
5 
7 


Consignor 


G.  E.  Barber  &  Son 
John  G.  Henderson 
John  E.  Hall  Com.  Co. 
Winona  Produce  Co. 

F.  B.  Phillips 

G.  E.  Barber  &   Son 
Beaver  4  Carr 
Barnes  Fruit  Co. 
O'Keall  4  Kuhn 

J.  W,  Dorrls 
F.  B.  Phillips 
Barnes  Fruit  Co. 
Winona  Prod.  Co. 


Purchases 

Dr. 


135 


135 


45 


45 


Sales  Charges 
Dr.     Cr. 


133 
469 
1244 
269 
203 
166 
220 
444 
185 
138 
235 
544 
304 


4580 


70 


19 
26 
31 

2 

7 
17 

6 
36 
13 

7 

36 
4 


210 


76 
34 
74 
65 
65 
87 
12 
45 
75 
24 

60 
75 


Drayage 
Cr. 


2 

8 

12 

3 
2 
1 


92  37 


40 
08 
48 
75 
36 
68 
15 


20 
60 
92 
08 


70 


REGISTER 

• 

Insurance 

Commission 

Package B 

Proceeds 

Personal 

PAmarlrfl . 

Cr. 

Cr. 

Returned  Cr. 

Cr. 

Aocts.  Cr. 

2 

67 

10 

67 

97 

90 

9 

40 

28 

19 

397 

79 

24 

90 

74 

69 

1101 

09 

5 

38 

16 

15 

244 

17 

4 

08 

12 

23 

176 

58 

3 

74 

14 

95 

7 

20 

140 

46 

4 

41 

13 

23 

195 

67 

8 

89 

35 

54 

363 

37 

6 

41 

19 

24 

281 

30 

2 

76 

8 

33 

119 

20 

J.  W.  DorrlE. 

4 

71 

14 

13 

213 

11 

10 

89 

43 

55 

452 

36 

6 

08 

18 

24 

273 

85 

94  134 

309 

14 

7 

20 

3937 

65 

119 

20 

*  ^• 


MAY  1-15 


■'JBADING  AM)  PROFIT  AND  LOSS  STATSMBITTt 


Coats. 
Purchases  for  porlod,  less  inventory 
Freight -In  on  purchases 

Warehouse  expenses  of  handling  our  own  and 
consignment  goods 

Total  cost  of  purchases  and  trading  expenses 
Gross  trading  profit  carried  down 

Selling  expenses  on  our  own  and 
consignnent  goods 

Advertising,  entertaining,  &  sundries 
Frei^t,  express  &   drayag© 
General  expenses 

•   Rent,  salaries,  books,  stationery  &   sundries 
Charge  for  reserve  to  provide  for  possible 
losses  on  accouiits  receivable 

Net  profit  for  the  period       


30  35 

10  55 


2956 
45 

100 


3102 
1238 


4541 


40 

200 

56 
981 


77 
22 

95 


94 
08 


02 


90 

60 

30 
22 


1279 


02 


STATEMEI7T  OF  RESOURCES  AHP  LIABILITIES. 


Resoiirces. 
Cash  in  bank 
Inventory  of  merchandise 
Advances  on  account  of  consignments 

Charges 

Proceeds 
Accounts  receivable  (per  sales  ledger  schedule] 
Less  reserve  for  possible  losses  1% 

Total  current  resources 
Sundry  resource  inventories: 

General  expense  a/c   (^/2  month's  rent  paid 

in  advance) 

Packages  returned  a/c  (orates  on  hand) 

Commission  a/c  (commissions  earned  on 

consignment  sales,  for  which  accoxint  sales 

have  not  been  rendered) 
Furniture  &  Fixtures 

Total  resources 


72  35 

213  47 

5629  65 

56  30 


32  50 
6  08 


43  19 


5157 
691 


285 
5573 


11707 


81 

150 


11940 


23 

57 


82 

35 


97 


77 
75 


49 


MAY  1  -  15 

y 

MAY  15,  19   .    HOWARD  &   WINTERS  CO.                 *" 

Returns. 
Gross  sales 
Packages  returned 
CommisslonB  on  consignraent  sales 
Insurance  on  consignment  sales 
Less,  -  Sales  discounts  on  all  sales 

Total  returns  frora  sales  and  other  trading 

incomes 

Gross  trading  profit  bro't  down 
Interest  on  prepayment  of  drafts 
Purchase  discounts 

2  34 

352  33 

94  34 

26  67 

3918  68 

354  67 

67  67 

4341  02 

4341  02 

1238  08 
29 

40  65 

MAY  15,  19  .   HOWARD  &   WINTERS  CO. 

1279  02 

Liabilities. 

Notes  i^yable 

Accounts  payable  (per  general  ledger  schedule) 

Sundry  liability  inventories: 

Sales  a/c  (consignment  sales  for  which  account 
sales  have  not  been  rendered)               617 
General  expense  a/c  (gas  bill  unpaid)          4  50 
Froight-in  a/c  (freight  bill  unpaid)          12  75 

Total  current  liabilities 

Capital  stock  issued                    10000 

Net  profits  for  period  (carried  to 

Uiidivided  Profits  a/c)                     981  22 

Total  liabilities,  capital  stock,  and  profits 

213  42 
111  60 

634  25 

959  27 
10981  22 

11940  49 

^ 

MAY  16 

-  31 

CASH                                           1 

Cash 
Dr.      Cr. 

First  Kafl  Ban] 
Dr.      Cr. 

General  Ledger 
Dr.      Cr. 

Date 

Explanation 

Sales  Ledger  Acct'i 

Dr.      Cr. 
1 ' ^ 

5157 

23 

1118 

94 

Kay 

16 

Proceeds 

616 

34 

27 

10 

92 

50 

American  Preserving  Co. 
Charges 
Charges 

628 

24 

282 

04 

17 

Bauor  Grocer  Co. 

287 

80 

11 

40 

257 

92 

Chandler  Bros. 
Proceeds 

236 

25 

376 

14 

18 

L.  D.  Dozier,  Trustee 
H.  T.  Gardner 

383 
163 

90 
15 

182 

49 

H.  T.  Gardner 

318 

40 

3068 

58 

F.  X.  Burton  4  Co. 

3131 

20 

606 

13 

2856 

02 

20 

H.  D.  Lee  Mercantile  Co. 
Proceeds 

618 

50 

936 

26 

21 

J.  W.  Dorris 

957 

80 

100 

102 

61 

H.  T.  Gardner 

Charges 
American  Preserving  Co. 

102 
4 

04 
50 

1067 

48 

22 

Winston  Farrington  4  Co. 

1078 

26 

7 

25 

7 

25 

Charges 

246 

66 

7500 

77 

7500 

77 

74 

36 

74 

36 

1139 

23 

Cash  sales 

Deiwslt 
Alt house  Fruit  Co. 
Freight-In 

18 

45 

16 
63 

42 

63 

42 

J.  K.  Daugherty 

Charges 
H.  T.  Gardner 
Notes  Payable 

220 
3 

05 
00 

406 

39 

220 

50 

223 
114 
232 

87 
75 
85 

5 

50 

24 
25 
27 

Brown  Bros. 
Warehouse  Expense 

Proceeds 

Charges 

Proceeds 

Notes  Receivable 

414 

68 

532 

02 

956 

86 

956 

86 

Cash  sales 
Deposit 

149 

11 

163 
126 
197 

45 
52 

40 

149 

70 

150 

28 
29 

American  Preserving  Co. 

Notes  Payable 
Notes  Receivable 
Notes  Receivable 
Notes  Receivable 

153 

05 

496 

43 

645 

54 

645 

54 

147 

581 

1192 

2432 

23 

194 
42 

96 
42 
40  ' 
30 
37 

74 
62 

42 

62 

31 

Cash  sales 
Proceeds 
Proceeds 
Proceeds 
Proceeds 
Proceeds 
Deposit 
Expenses 
Frt.,  Exp.  &  Dra. 

91C3 

17 

9103 

17 

14968 

27 

9865 

67 

330 

40 

1151 

75 

1  8700 

82 

Balance    5102  60 

Kotes  F.eceiTabla 
Dr.     Cr. 


223 


164 
127 


25 


196  75 


712  03 


223 


164 
127 
196 


712 


25 


60 
43 
75 


03 


I-LVY  16  -  31 


JOURNAL 


Interest 

Dr.     C 


64 


2  75 


44 


12 


Charge 3 

Dr. 


19 


13 


27 

10 


102 


61 


30 


64 


99 


16 

5 
114 


277 


Proceeds 
Dr. 


1118 


257 


2656 


28 


94 


52 


02 


Frohs 
Dr. 


225 
232 


147 

581 

1192 

2432 

23 


9070 


66 


16 


1139 


1139 


Expense  a 


Gen' 11  Tareh. 


136 


136 


14 


14 


Sell 


Sales  Disc 
Dr. 


11 


90 


52 


52 


9 
62 
12 

21 
2 


76 

73 

76 

63 
62 
37 

54 
04 


10 


15 


15 


45 


45 


78 


40 


29 


94 


165 


76 


Sales 
Dr.    Cr. 


50 


00 


246 


66 


50 


532 


496 


1275 


02 


43 


11 


/o 


VJCi  16  -   31 


EUTR1E3  i'DR  INV^NTOP.iEa  AKU 

CLOSIHG. 

Hay  15 

Inventory 

488 

50 

Purchases 

488 

50 

15 

Packages  Returned 

5 

32 

Interest 

2 

55 

Sales 

3150 

31 

Insurance 

238 

98 

Commission 

634 

35 

Freight-In 

61 

61 

Prt.  ,  Ezp.  &  Dra. 

14 

48 

Purchases 

2962 

07 

General  Expense 

164 

14 

Warehouse  Expense 

46 

65 

Selling  Expense 

6 

45 

Sales  Discounts 

165 

76 

Reserve  for  Depreciation 

15 

08 

Undivided  Profits 

595 

27 

15 

Purchases 

488 

50 

Inventory 

488 

50 

SALES  BOOK 

17.  Chandler  Bros., 

183  60 

18.  F.  X.  B^irton  &  Co., 

3131  20 

20.  American  Preserving  Co., 

196  60 

21.  Cnandler  Bros., 

311  00 

22.  H.  T.  Gardner, 

G2  40 

22.  K.  Grace  &  Co. , 

1386  75 

25.  Bauer  Grocer  Co., 

449  35 

27.  M.  Grace  &  Co., 

3465  73 

27.  Bauer  Grocer  Co., 

400  25 

28.  H.  D.  Lee  Here.  Co., 

1956  35 
11593  43 

TRIAL  BALMCE.  MAY  31.  19   .    HOTJARD  &  TnTTTRRS  CO. 

Cash 

5102 

60 

Capital  Stock 

10000 

Furniture  <t-  Fixtures 

150 

75 

Froight-In 

61 

61 

Paclcages  Returned 

5 

32 

Althouse  Fruit  Co. 

1250 

60 

Frt. ,  Exp.  &  Dra. 

14 

48 

Interest 

2 

55 

Sales  Ledger  Accts. 

7156 

62 

Purchases 

2962 

07 

General  Expense 

164 

14 

Warehouse  Expense 

46 

65 

selling  Expense 

6 

45 

Sales  Discounts 

165 

76 

sales 

3150 

31 

Insurance 

238 

98 

Commission 

634 

35 

Inventory 

488 

50 

Reserve  for  Bad  Debts 

56 

30 

Uiidividod  Profits 

981 

22 

16319 

63 

16319 

63 

I 


MAY  16   -   31 


// 


ACCOUIfT  SALES 

Date 

Mo. 

Consignor 

Purchases 

Sales 

Charges 

Drayage 

Dr. 

Dr. 

Cr. 

Cr. 

May  16 

9 

Slegel,  Sanders  Com.  Co. 

1322 

25 

172 

00 

27 

35 

17 

3 

John  G.  Henderson 

297 

75 

12 

30 

3 

70 

20 

12 

J.  C.  Lewis  Go. 

3131 

20 

45 

9 

00 

25 

7 

Winona  Produce  Co. 

261 

90 

7 

12 

98 

31 

10 

J.  77.  Dorris 

276 

75 

8 

37 

2 

50 

.31 

8 

O'lTeal  &  Kulm 

174 

25 

12 

34 

31 

9 

Siegel,  Sanders  Com.  Co. 

710 

25 

64 

90 

31 

11 

J.  B.  Wathen  &  Bro.  Co. 

1307 

50 

10 

50 

31 

12 

John  C.  Lewis  Co. 

2674 

08 

46 

50 

8 

10 

31 

13 

F.  V.  Haven  &  Co. 

332 

80 

56 

15 

2 

98 

31 

14 

K.  Grace  &   Co. 

1287 

00 

49 

85 

88 

1620 

00 

10327 

73 

342 

38 

28 

14 

EEGIST3E. 

Insur&nce 

Commission   Packages 

Proceeds 

Personal 

PATnA7*lrft . 

Cr. 

Cr. 

Returned  Cr. 

Cr. 

Accts.  Cr. 

29 

89 

104 

60 

1332 

41 

Advances  $213.47. 

5 

96 

17 

87 

257 

92 

62 

62 

156 

56 

2858 

02 

5 

24 

15 

71 

232 

85 

5 

54 

16 

61 

11 

40 

232 

33 

J 

.  W.  Dorris. 

3 

49 

10 

46 

147 

96 

14 

21 

49 

72 

581 

42 

26 

15 

78 

45 

1192 

40 

53 

48 

133 

70 

2432 

30 

6 

66 

16 

64 

248 

37 

Draft  $225.       | 

25 

74 

77 

22 

1133 

31 

I 

[.  Grace  &   Co. 

238 

98 

677 

54 

11 

40 

9283 

65 

1365 

64 

/2^ 


MAY  16  -  31 


TEADIKG  ABr  PROHT  AND  LOSS  STATRMrHST. 

Costs. 
Purchases  for  period,  less  Inventory 
Prei^t-in  on  purcliases 
Warehouse  expenses  of  handling  onr  own  and 
consignment  goods 

Total  cost  of  purchases  and  trading  expenses 
Gross  trading  profit  carried  down 

Selling  expenses  on  our  own  and  consignment  goods      6  45 
Freight,  express  &  drayage                   14  48 

2962 
61 

46 

07 
61 

65 

3070 
792 

33 
87 

3863 

20 

20 

164 

15 
595 

93 

14 

08 
27 

General  expenses 

Salaries,  rent,  etc. 
Charge  for  reserve  for  depreciation  on  furniture 
and  fixtures 

Net  profit  for  the  period 

795 

42 

STATiJiSNT  OF  RESOOTCES  AND  LIABILITIES. 

1 

Resources. 
Cash  in  bank 
Inventory  of  merchandise 
Accotmts  receivable  (per  sales  ledger  schedule) 

Total  ctirrent  resources 
Furniture  and  fixtures                          150  75 
T.ens,  -  T9>tK&r^&   fnr   depreelatlnn                      15  08 

Total  resources" 

5102 

488 

7156 

60 
50 
62 

12747 
135 

72 
67 

12883 

39 

MAY  16  -  31 


A3 


MAY  31.  19   .    HOWABD  &   WINTERS  CO. 

Returns . 
Total  sales  of  all  goods 
Less,  -  consignment  sales 
Less,  -  rebates  and  allowances 
Net  returns  from  otir  own  sales 
Packages  returned 
Commission  on  consignment  sales 
Insurance  on  consignment  sales 
Less,  -  sales  discounts  on  all  sales 
Total  returns  from  sales  and  other  trading  incomes 

Gross  trading  profit  carried  down 
Interest 

10327  73 
7  50 

5  32 
634  35 
238  98 
165  76 

13485 
10335 

54 
23 

3150 

639 

73 

31 
67 
22 

3863 

20 

3863 

2P 

792 
2 

87 

55 

795 

42 

ilAY  31.  19   .    HOWART)  *  WINTERS  GO. 

Liabilities. 
Accoimts  payable  (per  general  ledger  schedule) 

Total  current  liabilities 
Reserve  for  bad  debts 
Undivided  profits 

Net  profit  for  period  (Undivided  Profits  a/c) 
Capital  Stock  issued 

Total  liabilities,  capital  stock,  &  profits 

56  30 
981  22 
595  27 

1250 

60 

1250 

1632 

ICOOO 

60 
79 

12883 

39 

JI^ 


JUIE  1-15 


CASH 


Cash 


Dr. 


Cr. 


First  Kat'l  Baak 
Dr.     Cr. 


5102 


125 

517 

7000 


78 
78 


7643 


56 


7643 


440 

1121 

225 


36 
49 
70 


244 
374 

1084 


93 
85 

35 


3491 


68 


3491 


60 


56 


68 


50 
50 
37 
30 
37 
25 
20 


34 
29 


8000 


38 

647 

53 

314 


50 


50 


75 


46 


General  Ledger 
Dr.     Cr. 


250 
600 
250 


34 


12000 


763 


147 


79 


75 


95 


250 
600 


7000 


416 
721 


147 
4000 


763 
763 


374 


95 


85 


Date 


June 


Explanation 


Undivided  Profits 
Dividend  No.  1 
Undivided  Profits 
Surplus 
Dividend  Ho.  1 


H,  T.  Gardner 
Chandler  Bros. 
Capital  Stock 

Deposit 

General  Szpense 
Althoxise  Fruit  Co. 
J.  ~k,  AmsbauGh  &  Co. 
Freight-In 

Chareos 
J.  W.  Dorris 
Notes  Payable 

Steamboat  Creole  -  Our  V^ 
Notes  Payable 
American  Preserving  Co. 
Bauer  Grocer  Co. 
American  Preserving  Co. 
H.  D.  Lee  Uercantile  Co.. 

Charges 
U.  Grace  &  Co. 

Proceeds 

Proceeds 

Proceeds 
C.  W.  Stevens  &  Co. 
Shipt.  to  Chester  &  Reynolds 
Purchases 
11.  Grace  &  Co. 
Freight-In 
Packages  Eetiimed 
J.  E.  Dau^erty 
Bauer  Grocer  Co. 
Notes  Payable 
Steamboat  Creole  Income 
H.  T.  Gardner 
H.  T.  Gardner 

Cash  sales 

Deposit 


Sales  Ledger  Aoot'a 
Dr.     Cr. 


147 


95 


127 

524 


9 

449 

248 

1144 

253 


268 


4 
400 


347 
~32 


43 

60 


75 
35 

50 
38 

44 


75 


60 
25 


10 

50 


1U35 


24 


11135 


2416237 


64 


9381 


09 


14060 


55 


15037 


88 


147  95 


3810 


£5_ 


JTJIIE   1-15 

JOUFJCAL 


/^' 


Rotes  Heceirabls 
Er.      Cr. 


Interest 

Dr.     Cr. 


Charges 

Dr 


"  Proceed^ 
Dr. 


Prchs. 
Dr. 


S^cpenaes 


Gen'l 


IVareh. 


Sell. 


Sales  Discj 
Dr. 


Sales 

Dr.    Cr. 


250 


99 


347 


598 


10 


09 


49 


64 


13 


29  46 


38 


97 


416 
721 


647 
53 

314 


763 


266 


75 


75 


68 


43 


1015 


66 


12170  08 


75 


75 


65 
82 


8 
22 
27 


99 
69 
74 


01 


76 


IC 


75 


32 


42 


50 


25 


1084 


1084 


35 


35 


/C 

JT3KE 

1  - 

15 

CASH 

Cash 

First  Nat'l  Bank 

General  Ledger 

Sales  Ledger  Acct's 

Dr.      Cr. 

Dr.     Cr. 

Dr.     Cr. 

Date 

Explanation 

Dr.      Cr. 

1 ^ ' 

11135 

24 

11135 

24 

16237 

fi4 

9381 

09 

14060 

55 

15037 

88 

147 

95 

381C  65 

1370 

55 

111 
106 
210 

60 
25 
61 

111 
24 

60 
50 

Jvme 

6 
10 

v.,   Grace  &  Co. 
Altho\ise  Fruit  Co.- 
Frt.,  Exp.  &  Dra. 

Proceode 
J.  E.  Dan^erty 

3465 
8 

73 
10 

795 

73 

H.  D.  Lee  Kercaatlle  Co. 

811 

97 

3000 

347 
248 

32 

75 

44 
169 
125 

232 

683 

13 

741 

35 
97 
90 

60 
10 
60 
10 

4 

13 
763 

85 

60 
75 

3000 

16 

250 
6 

93 

90 

11 
12 

Ira  Tillis  &  Co. 
Frt.,  Exp.  &  Dra. 
J.  W.  Dorris 

Charges 
American  Preserving  Co- 
American  Preserving  Co. 
Purchase  Discounts 

Proceeds 

Kotes  Receivable 
Shipt.  to  Chester  £  Eeynolds 

Proceeds 
Purchase  Discounts 
Freight-In 
C.  TT.  Stevens  &  Co. 

433 

18 

4 
564 

85 
26 

• 

22 

65 

14 

Purchase  Discounts 
Wilson  &  niliaaa 

211 

8C 

1290 

64 

8 

06 

il.  Grace  k   Co. 
Purchase  Discounts 

1298 

25 

382 

05 

937 

25 

937 

25 

J.  W.  Dorris 
Ira  Willis  i  Co. 

391 

67 

231 

48 

231 

48 

15 

Shipt.  to  Chester  i  Reynolds 

2 

97 

294 

37 

J.  E.  Daugherty 

303 

bO 

146 

71 

116 

70 

27 

90 

Wilson  i  VTillians 
Frt.,  Bxp.  &  Era. 

151 

7b 

1063 

50 

Cash  sales 

8285  63 

8285 

63 

Deposit 

85 

General  Expense 

19420 

87 

L9420 

87 

25413 

91 

12875  17 

15944 

00 

18573 

90 

581 

13 

11022 

bb 

Balance     12538  74 

JUKE 

1-15 

^7 

1 

JOUraJA-L                                         J 

rotes  Reeelvablo 

Dr.      Cr. 

Interest 
Dr.      Cr. 

ChargBS 

Dr. 

Proceeds 

Dr. 

Prchs. 

Dr. 

Sxpenses 

Sales  Disc 
Dr. 

Sales 

Gen'lJ 

Wareh^ 

Sell.] 

Dr.    Cr. 

596 
2000 

09 

25C 
347 

99 
10 

33 

2 

4 

1 

33 

09 

99 
25 

3 

7 

5 

13 
46 

21 

66 
44 

43 
35 

1015 

210 

125 
232 

66 

81 

90 
60 

2170 

564 

690 

08 
28 

2 
46 

75 
75 

21 

75 

11 

25 

76 
69 

16 
2 

10 
31 

24 
62 

42 
6 

25 
10 

1084 

35 

211 

80 

15 
9 

67 
62 

297 

34 

297 

34 

2 

97 

2 

97 

59 

63 
85 

24 

97 

4 

20 

6 
3 

16 
04 

1063 

50 

sio-? 

23 

895 

43 

44 

63 

18 

77 

112 

76 

1584 

97 

3424 

56 

111 

96 

46 

172 

15 

45 

198  176 

50 

35 

2147 

85 

/^ 

JUKE  1  - 

15 

ACCOUNT  SALES 

Date 

No. 

Consignor 

Purchases 

Dr. 

Sales  Charges  Drayage 
Dr.     Cr.     Cr. 

Jtine  5 

12 

J.  C.  Lewis  Co. 

697 

97 

2 

10 

5 

8 

O'Heal  &  Eohn 

56 

50 

5 

13 

F.  V.  Haven  &  Co.' 

342 

20 

3 

42 

8 

4 

Beaver  &   Carr 

243 

60 

7 

62   1 

08 

11 

3 

J.  G.  Henderson 

144 

65 

5 

10   2 

08 

13 

6 

J.  E.  Hall  Com.  Co. 

274 

30 

14 

50   5 

25 

1761 

22 

27 

22  13 

93 

REGISTER. 

Insurance 

Conmission 

Paclsges 

Proceeds 

Personal 

Cr. 

Cr. 

Returned  Cr. 

Cr. 

Acots.  Cr. 

rtoniai  iU3  • 

13 

96 

34 

§0 

647 

01 

1 

17 

3 

51 

53 

82 

6 

84 

17 

11 

314 

83 

4 

87 

14 

62 

4 

60 

210 

81 

2 

89 

8 

68 

125 

90 

5 

49 

16 

46 

232 

60 

35 

22 

95 

28 

4 

60 

1584 

97 

TRIAL  BALAUCE,  JU!S:  15.  19   .    HOV/ARD  &  77INTERS  CC 

). 

Capital  Stock 

17000 

Furniture  &  Fixtxu-es 

150 

75 

Freight-In 

57 

85 

Althouse  Fruit  Co. 

1555 

24 

J.  A.  Araebaugh  &  Co. 

721 

34 

Frt. ,  Exp.  &  Dra. 

43 

32 

Kotes  Payable 

4000 

Purchase  discounts 

54 

54 

Interest 

4 

10 

Sales  Ledger  Accta. 

3372 

62 

Purchases 

971 

Charges 

85 

56 

General  Expense 

111 

98 

Warehouse  Expense 

46 

72 

Selling  Expense 

15 

45 

Sales  Discounts 

198 

76 

Sales 

1499 

12 

Insurance 

35 

22 

Conmission 

461 

76 

Inventory 

2178 

11 

Sundry  Resource  Inventories 

903 

42 

Simdry  Liability  Inventories 

5513 

09 

Reserve  for  Bad  Debts 

56 

30 

Undivided  Profits 

726 

49 

ITotes  Receivable 

2211 

80 

Reserve  for  Depreciation 

15 

08 

Steamboat  Creole 

12000 

Shipt.  to  Chester  &   Reynolds 

2 

05 

Ira  Willis  &   Co. 

2062 

75 

Surplus 

600 

Steamboat  Creole  Income 

591 

30 

Cash 

12538 

74 

34892 

23 

34892 

23 

JOKE  1-15 


EHTEIES  FOR  INVENTOBIES  AlTD  CLOSING. 


-^ 


Inventorj' 

Purohaaes 


June  15. 


T5 


Sundry  Bea.  Inv. 

Steamboat  Creole  Inoone 

Interest 

Conslsalon 

SMpt.   to  Chester  4  Reynolds 
15 
Coomlaslon 
Interest 
Sales 

Stindry  Lia.   Inv. 

15 
Purchase  Discounts 
Sales 
Insurance 
Comnlsslon 
Steamboat  Creole  Income 

Frei^t-In 

Frt. ,  Exp.  &   Dra. 

Interest 

Purchases 

General  Expense 

Warehouse  Expense 

Selling  Expense 

Sales  Discoxmts 

Shipt.  to  Chester  4  Reynolds 

Undivided  Profits 


Purchases 

Inventory 


15 


15 


Steamboat  Creole  income 

Interest 

Commission 

Shipt.  to  Chester  and  Reynolds 

Sundry  Re a.  Inv. 

15 
Sundry  Lia.  Inv. 

Commission 

Interest 

Sales 


2178 


903 


IC 

8 

5494 


54 
1499 

35 
461 
591 


2178 


216 

29 

376 

280 


5513 


11 


42 


51 
00 
58 


54 
12 
22 
76 
30 


11 


45 
76 
99 
22 


09 


2178 


216 

29 

376 

280 


5513 


57 

43 

4 

971 

111 

46 

15 

198 

2 

1190 


2176 


11 


45 
76 
99 
22 


09 


903 


10 

8 

5494 


85 
32 
10 

98 
72 
45 
76 
05 
71 


11 


42 

51 
58 


SALES  BOOK 

1.  American  Preserving  Co.,  258  25 

3.  Brovm  Bros.,  1117  97 

3.  J.  W.  Dorrls,  480  90 

3.  L.  D.  Dozier,  Trustee,  203  25 

4.  H.  T.  Gardner,  347  10 

5.  J.  R.  Daugherty,  316  20 
5.  77il3on  4  v:iHlams,  151  75 
7.  American  Preserving  Co..  131  10 
7.  H.  T.  Gardner,  325  85 
7.  M.  Grace  4  Co.,  1567  00 

10.  Bauer  Grocer  Co.,  460  20 

11.  Ray  4  Co.,  S.  D.  ^/c  388  75 
11.  R.  B.  Poe  4  Sons,  S.  D.  Vo.  27  20 
11.  American  Express  Co. , 

C.  0.  5.  Foster  Bros.,  32  40 

11.  American  Express  Co., 

C.  0.  D.  J.  C.  Ford  4  Co.,  51  40 

15.  Chandler  Bros.,  373  60 

15.  G.  E.  Hare,  S.  D.  Vc,  424  50 


6657  42 


^o 


JUKE  1-15 


TMDING  Aim  PROFIT  AlTD  LOSS  STATLIIBUTt 


Costa. 
Purchases  for  period,  less  inventory 
Freight-In  on  purchases 
Warehouse  expenses  of  handling  our  own  and 

consignment  goods 
Shipt.  to  Chester  &  Reynolds  (at  cost) 
Less,  -  Inventory  of  goods  unsold 


763  75 
280  22 


Total  cost  of  purchases  and  trading  expenses 
Gross  trading  profit  carried  down 

Selling  expenses,  svindries 

Freight,  express  and  drayage 
General  expenses,  rent,  salaries,  etc. 
Interest 

Net  profit  for  period 


15  45 
43  32 


971 
57 

46 

483 


1559 
719 


2278 


58 

111 

4 

1190 


1365 


85 
72 

53 


10 
72 


52_ 


77 
98 
10 


56 


STATEMENT  OF  HESOURCES  AITO  LIABILITIES. 


Reaources. 

Cash  in  banic 

Inventory  of  merchandiee 

notes  receivable 

Accounts  receivable  {per  sales  ledger  schedule) 

Advancea  on  account  of  consignments,  - 
Charges 
Total  current  resources 

Furniture  and  fixtures 

Steamboat  Creole  investment 

Stmdry  resource  inventories,  - 

Steamboat  Creole  Income,  ^/s  earnings  of 
last  trip  unijaid 

Interest  accrued  on  notes  receivable 
Coranission  earned  on  consignment  sales, 
for  which  account  sales  have  not  been 
rendered,  and  on  purchases  for  the  ac- 
count of  Ira  Willis  &  Co. 
Shipt.  to  Chester  4  Reynolds,  inventory 
of  goods  remaining  unsold 

Total  resources 


216  45 
29  76 


376  99 
280  22 


12538 
2178 
2211 
3372 

85 


20386 

150 

12000 


903 


33441 


74 

11 
80 
62 

56 


83 

75 
00 


42 


00 


JUlffi  1-15 


^/. 


JUIIE  15.   19 


HOTAJD  &  WIKTEBS   CO. 


Gross 
Less, 


Returns . 
sales  of- all  goods 

-  Conslgrment  sales  (Accoimt  sales  rendered) 
"     Consignment  sales  (Accotmt  sales  not  rendered) 
"     Rebates  and  allowances 
Ket  sales  of  onr  own  goods 
Sales  dlsconnts  on  all  goods 
Less,  -  Insurance  on  consignment  sales 
ITet  returns  from  our  own  sales 
Net  returns  from  sales  from  shipment  to  Chester  4 

Esynolds 

Commission  on  consignment  sales 

Total  returns  from  sales  and  other  trading  incotees 


Gross  trading  profit  brought  down 
Purchase  discounts 
Steamboat  Creole  Income 


1761  22 

5494  58 

50  35 

198  76 
35  22 


8805 


7306 


1499 


163 


1335 

481 

461 

2278 


2278 


719 
54 

591 


1565 


27 


15 


12 


54 


58 

46 
76 
82 


M_ 


72 

54 
30 


56 


JUKS  15.  19 


HO^AP.D  &  yilTTZBS  CO. 


Liabilities. 

Uotes  payable 

Accounts  payable  (per  general  ledger  schedule) 
Total  current  liabilities 

Stmdry  liability  Inventories,  - 

Commission  due  A.  G.  Howe  for  sales  of  cigars 
Interest  accrued  on  notes  payable 
Sales  of  consignment  goods  for  which  account 
sales  have  not  been  rendered 

Reserve  for  bad  debts 

Reserve  for  depreciation 

Surplus  fund 

Undivided  profits 

Net  profit  for  the  period  (Undivided  Profits  a/c) 

Capital  stock  issued 


10  51 
8  00 

5494  58 


56 

30 

15 

08 

600 

726 

49 

1190 

71 

Total  liabilities,  capital  stock,  and  undivided  profits 


4000 
4339 
8339 


5513 


2588 

17000 


33 
33 


09 


58 

00 


33441  00 


;Z.2_ 


Cash 


Dr. 


Cr. 


216 
287 


45 
46 


199 
32 


1198 

126 

451 
26 

380 
51 


416 


18 
40 


50 
72 
66 

97 

40 

01 


Bank 


Dr. 


Cr. 


12538 
211 


1934 


01 


1934 
199 


52 
1698 
12 
72 
26 


260 


03 


JUKE  17  . 
CASH 


General  Ledger 
Dr.     Cr. 


1568  09 
865  51 


266 

1379 


1452 


76 


366  13 


1106 


79 


262 


1533 


1516 


50 


33 


80 


1452 


76 


263 

416 
105 

416 
1279 


85 


562 


12 

26 

12000 


872 

266 
1379 


4785 


55 


236 


4785 


07 


55 


8172 


32  I  8172 


32 


21357 


77 


149 


100 

725 

506 

4017 


2754 
3735 


106 

14 

20794 


44 


216 


562 


12000 


416 
21 

416 
1279 


553 


167 


506 
4000 


87 


47 


90 


112 

32 

14 

122642 


45 


50 


Date 


Jtme 


326 


72 


553 
262 

18 


112 


14053 


99 


06 


17 


Bzplasatlon 


18 


19 


20 


21 


22 


25 


26 


27 


28 


29 


Sales  Ledger  Aoct'a 
Dr.      Cr. 


a/o) 


0.  D. 


Notes  BeoelTable 
Steamboat  Creole  Inoome 
H.  T.  Sardner 

Shlpt.  to  J.  A.  Amsbaugh  &  Co. 
Purchases 
Proceeds 
Proceeds 
Shlpt.  to  J.  A.  Amsbau^  4  Co. 

Charges 
Fnmltnro  &  Fixtures 
Crescent  Steamboat  Co.  Stock 
Steamboat  Creole  -  Our  1/3 
Proceeds 
Proceeds 
Althottse  Fruit  Co. 
L.  D.  Doiier,  Trustee 
American  Express  Co.  C.  0.  D. 
Althouse  Frolt  Co. 
H.  T.  Gardner 
Ira  Willis  i  Co. 
Cash  sales 
Deposit 
Shipt.  to  Chaster  i  Reynolds 
Bauer  Grocer  Co. 
R.  B.  Poe  &   Son  (S.  D. 

General  Expense 
Bay  &   Co.  (S.  D.  a/c) 
American  Express  Co.  C 

Proceeds 
Ira  Willis  4  Co. 
Frt.,  Exp.  4  Dra. 
G.  E.  Hare  (S.  D. 
Althouse  Fruit  Co 
Ira  Willis  4  Co. 

Deposit 
Chandler  Bros. 
Brown  Bros. 
J.  A.  Amsbaugh  4  Co. 
Shipt..  to  J.  A.  Amsbaugh  4  Co 
Crescent  Steamboat  Co.  Stock  Dlv 
J.  A.  Amsbaugh  4  Co 
Purchase  Discounts 
Botes  Receivable 
Hotss  Receivable 
Proceeds 
Proceeds 
Ira  Willis  4  Co. 
Rotes  Payable 
Cash  sales 
General  Expense 
Deposit 
Proceeds 
Proceeds 
Ira  Willis  4  Co. 
Commission 
Frt.,  Exp.  4  Dra. 
Comnlssion 


293 


35 


a/c) 


203 
32 

240 


460 
27 

388 
51 


424 


20 
20 

75 

40 


50 


373  6C 

1117  97 


3613  20 


Balance 


563  66 


JUIE  17 

-  29 

^3 

JOUniAL                                            1 

Notes  Eacoivablo 

Dr.     Cr. 

Interest 
Dr.     Cr. 

Charges 
Dr. 

Proceeds j  Prchs^ 

Expenses     | 

Sales  Disc. 
Dr. 

Sales 

Dr.    Cr. 

Dr. 

Dr. 

Gen'l 

TTareh.| 

Sell-I 

211 

80 

2 

03 

1 

7 

77 
42 

72 

08 

52 
1698 

260 
1568 

44 
74 

03 

09 

5 

4 

87 
07 

238 

13 

2 

36 

4 

81 

1198 

50 

200 

200 

90 

263 

45 

13 

85 
66 

28 

50 

LI 

40 

9 
7 

8 

7 
11 

20 

54 

78 

49 

47 

18 

504 

17 

2000 
238 

13 

2 

40 

06 

37 
22 

50 
89 

100 
725 

2754 
3735 

38 

69 

18 
03 

49 

55 
50 

25 

16 

1516 

80 

942 

30 

2649 

93 

44 

99 

71 

94 

72 

08 

11158 

03 

94 

56 

53 

66 

11 

40 

59 

41 

2715 

30 

2-^ 

jmTE  17  -  29 

ACCOmiT  SALES 

Date 

Fo. 

Consignor 

Purchases 

Sales 

Charges 

Drayage 

Dr. 

Dr. 

Cr. 

Cr. 

Jtme  17 

2 

G.  E.  Barber  &  Son 

69 

30 

8 

33 

1 

60 

17 

9 

Slegel,  Sanders  Com.  Co 

1 

1866 

75 

18 

1 

F.  B.  Phillips 

295 

20 

8 

90 

4 

00 

18 

10 

J.  W.  Dorris 

211 

63 

12 

20 

2 

18 

12 

J.  G.  Le^s  &  Co. 

1716 

93 

23 

25 

5 

40 

2.Z 

5 

Barnes  Fruit  Co. 

310 

65 

16 

14 

28 

8 

O'Heall  &  Eiihn 

120 

90 

8 

45 

2 

40 

28 

15 

Los  Angeles  Fruit  Co. 

867 

39 

63 

63 

29 

11 

J.  B.  Wathen  &  Bro.  Co. 

1162 

1837 

50 

5 

36 

29 

14 

M.  Grace  A  Co. 

4051 

50 

16 

74 

3 

84 

1162 

11347 

75 

157 

64 

24 

60 

KEGISTEE. 

InsTjraaco 

CoramiBsion 

Packages 

Proceeds 

Personal 

Remarks . 

Cr. 

Cr. 

Returned  Cr, 

Cr. 

Accts.  Cr. 

1 

39 

5 

54 

52 

44 

37 

34 

130 

67 

1698 

74 

4 

56 

17 

71 

260 

03 

4 

23 

12 

70 

180 

50 

J.  W.  Dorris 

34 

34 

85 

85 

1568 

09 

6 

21 

24 

85 

263 

45 

2 

42 

7 

25 

100 

38 

17 

35 

60 

72 

725 

69 

59 

99 

179 

97 

2754 

18 

81 

03 

214 

86 

3735  03 

248 

86 

740 

12 

11158 

03 

180 

50 

SALf^s  Rcnir 

17.  Planters  Hotel,  S.  D.  V 

3,    1481  70 

17.  Brown  Bros. , 

1613  58 

18.  H.  T.  Gardner, 

240  58 

19.  Amer.  Exp.  Co.,  C.  0.  D. 

15  75 

20.  R.  C.  Webb,  S.  D.  Vc, 

139  90 

21.  Winston  Farrington  &  Co. 

,      906  75 

21.  Wilson  &  Williams, 

147  85 

21.  M,  B.  Ward,  S.  D.  Vc, 

70  30 

25.  J.  R.  Daugherty, 

121  93 

25.  Win.  Ray,  S.  D.  V^t 

260  00 

26.  L.  D.  Lozier,  Trustee, 

207  73 
5206  07 

JUNE   17   -   29 


^v5- 


THAL   BALAHCE.   JUNE  29.   19 


HOWAPD  &  WINTERS  CO. 


Capital  Stock 

Furniture  &  Fixttires' 

Freight,  Express  &  Drayage 

Purchase  Discounts 

Interest 

Sales  Ledger  Acots. 

Purchases 

General  Expense 

Warehouse  Expense 

Selling  Expense 

Sales  Discounts 

Sales 

Insurance 

Cotnmission 

Inventory 

Reserve  for  bad  debts 

Undivided  Profits 

Notes  Receivable 

Reserve  for  Depreciation 

Shipt.  to  Chester  &  Reynolds 

Ira  Willis  &   Co. 

Surplus 

Shipt.  to  J.  A.  Amsbaugh  &  Co. 

Crescent  Steamboat  Co«  Stock 

Crescent  S.  C.  Stock  Dividend 

Cash 


177 

29 


4784 
1723 
94 
53 
11 
59 


1053 


504 


1G32 

21 
12000 

663 
22709 


50 
35 


99 
97 
56 
66 
40 
41 


64 

17 

42 
13 


66 
66 


17000 


18 
5 


2066 
248 
472 

56 
1917 

15 
46 

600 


262 

22709 


03 
19 


20 
86 


30 
20 

08 

50 


50 
86 


ENTRIES  FOR-  INVENTORIES  AND  CLOSINrx. 


June  29 
Inventory 

Purchases 

29 
Purchase  Discounts 
Interest 
Sales 
Insurance 
Conmlssion 

Shipt.  to  Chester  &   Reynolds 
Crescent  S.  Co.  Stock  Dividends 

Frt. ,  Exp.  &   Dra. 

Purchases 

General  Expense 

Warehouse  Expense 

Selling  Expense 

Sales  Discounts 

SMpt.  to  J.  A.  Amsbaugh  4  Co. 

Undivided  Profits 
29 
Purchases 

Inventory 


1053 

64 

1053 

18 

03 

5 

19 

2068 

20 

248 

86 

472 

00 

46 

50 

262 

50 

29 
1723 
94 
53 
11 
59 
21 
1127 

1053 

64 

1053 

64 


35 
97 
56 
66 
40 
41 
13 
80 


64 


^ 


JU!{E  17  -  2S 


TRAPIITG  AIH)  PROFIT  AKD  LOSS  STATSKEFP. 


Costs* 
Purchases  for  period,  less  inventory 
Warehouse  expenses  of  handling  our  own  and 

conslgnnent  goods 
Shipt.  to  Chester  &  Reynolds  (at  cost) 
SMpt.  to  J.  A.  Aissbau^  &  Co.  (at  cost) 
Add  freight  prepaid  on  same 


562  50 
12  50 


Total  cost  of  purchases  and  trading  expensed 
Gross  trading  profit  carried  down 

Selling  expenses  -  sundries 

Freight,  express  and  drayage 

General  expenses  -  salaries,  sundries,  etc. 
Eet  profit  for  the  period 


11  40 
29  35 


1723 

53 
280 

575 


2632 
977 


5610 


40 

94 

1127 


1263 


97 

66 
22 

00 


85 
39 


24 


75 
56 

80 


11_ 


STATEMEIST  OF  RESOURCES  AUD  LIABILITIES. 


•ReBouroes. 
Cash  in  bank 

Inventory  of  merchandise  on  hand 
notes  receivable 

Accotmts  receivable  (per  sales  ledger  schedule) 
Accotmts  receivable  (per  general  ledger  schednle) 

Total  cnri^nt  resotirces 
Famiture  and  flxtxires 
Crescent  Steamboat  Co.  Stock 


563 
1053 

504 
4784 
1632 


8538 
177 

12000 


20716 


66 
64 
17 
99 
42 


88 
50 

00 


38 


JUKE  17  -  29 


JUKE  29«  19 


HOWARD  &   WIKTEES  CO. 


=^ 


Returns » 
Gross  sales  of  all  goods 
Less,  -  consignioent  sales 

Ket  sales  of  our  own  goods 
Het  returns  from  sales  from  shipment  to 

Chester  &  Reynolds 
Net  returns  from  sales  from  shipment  to 

J.  A.  Amsbaugh  &   Co. 
Insurance  on  consignment  sales 
Less,  -  Sales  discoTints  on  all  sales 
Commissions  on  consignment  sales 
Total  returns  from  sales  and  other  trading  incomes 


Gross  trading  profit  broxight  down 

Purchase  discounts 

Interest 

Dividends  on  Crescent  Steamboat  Go.  stock 


13415  95 
11547  75 


248  86 
59  41 


2068 

326 

553 

18  S 
472 


20 
72 
87 
45 


3610 


5610  24 


24 


977 

18 

5 

262 


39 
03 
19 
50 


1265  11 


JUKE  29,  19 


HOWARD  &  WIKTERS  CO. 


Liabilities. 

Reserve  for  bad  debts  56  50 

Reserve  for  depreciation  15  08 

Surplus  fund  600 

Undivided  Profits  1917  20 
Ket  profit  for  the  period  (Undivided  Profits  a/c)  1127  80 
Capital  Stock  issued 


Total  liabilities,  capital  stock,  and  undivided  profits 


5716 
17000 


56 

00 


20716  58 


j2:^ 


sTTT>PT.?:;.'HrfprAPT  ttoEK. 


Pages  13-14-15 

Cash 

35000. 

Caah 

50000. 

Capital  Stock 

50000. 

Installment  So. 

1 

20000. 

2.- 

Installment  Ho. 

2 

15000. 

Caah 

20005; 

notes  Heosivable 

5000. 

Capital  StocS 

3- 

Sntries  when  installment  at 

20000. 
not  kept. 

Installment  So. 

1 

Page  26 

5000. 

scounts  are 

Subscribers 

7200C. 

SabBcriptlon 

72000. 

T 

- 

1. 

Cash 

36C0C. 

Plant  4  Equljiaent 

45000. 

Subscribers 

36000. 

Cash 

55000. 

Subscription 

36000. 

Capital  Stock 

100000. 

Capital  Stock 

360C0. 

2. 

Eeal  Estate 

23000. 

Entries  when  installnent  accounts  are 

kept. 

Plant  &   Equipta't  • 

-  Foundry 

12700. 

Installoent  Ko.  1 

36C0C. 

Plant  &  Equipm't  • 

-  Blr.  Yd. 

6100. 

Installment  V.o.   2 

3600C. 

Plant  i  Equipm't  '• 

-  ilch.  Sh. 

28200. 

Subscription 

72000. 

Capital  Stock 

70000. 

Cash 

36000. 

Cash 

30000. 

Installment  l.'o.  1 

36000. 

Capital  Stock 

30000. 

Subscription 

36000. 

-^-3. — 

— 

Capital  Stock 

36000. 

Inventory 

112500. 

4.- 

Building  &  Lot 

22500. 

uash 

150COO. 

Cash 

5000. 

Capital  Stock 

15CO00. 

Good-TTill 

10000. 

Subscribers 

100000. 

Sotes  Receivable 

10000. 

Subscription 

5.- 

Store  &  Lot 

25000. 

100000. 

Capital  Stock 
Cash 

A 

160000. 

16000. 

Cash 

3C0C0. 

Capital  Stock 

16000. 

Kotes  Eeceivable 

300C0. 

e 

o* 

Capital  Stock 

85C0C. 

Cash 

150000. 

— 6. 

Promotion  Expense 

50000. 

Patents 

5C000. 

50000. 

Capital  Stock 

200000. 

Capital  Stock 

6. 

Installnent  ITo.  1 

53750. 

Cash 

240000. 

Installment  IJo.  2 

5375C. 

Die.  on  Stock  or  Promo.  Ex. 

10000. 

Installment  Ko.  3 

53750. 

Promotion  Expense 

50000. 

InstalLrient  Eo.  4 

53750. 

Capital  Stock 

300000. 

Subscription 

215000. 

Cash 

111531.25 

page  32 

Installment  V.o.   1 
InstalL-nent  Ko.  2 

48375. 
40312.50 

t 

X* 

Installnent  Ko.  3 

16125. 

Cash 

125000. 

Inptallnent  Vo.   4 

6718.75 

Preferred  Capital  Stock 

125000. 

7. 

Installment  ITo.  1 

625C. 

Cash 

87500. 

Installment  Ko.  2 

6250. 

1 

Preferred  Capital  Stock 

87500. 

Conmon  Capital 

stock 

12500. 

InstalLTiant  Ko-  1 

25000. 

Cash 

6250. 

1 

Installnent  ^o.  2 

25000. 

Installment  V<o. 

1 

6250.  ; 

CoEsnon  Capital  Stock 

50000. 

SUPPLElfEHTAKT  TO3EK. 


2. 

_ 

2 

_ 

7 

Tract  Ho.    1 

12500. 

John  Hartman 

1.01 

Cash 

10000. 

John  Hartman '8  Consgt. 

1.01 

Comann  Capital  Stock 

2500. 

3. — 

3. — 

— 

G.   T.    Karris 

77.48 

McSbone  Leaso  Ho.   1 

3000. 

G.   T.   Harris'   Consgt. 

77.48 

Conmon  Capital  Stock 

3000. 

A 

*. 

4.— 

— 

G.   T.   Harris'  Consgt. 

526.42 

Heal  Estate 

eooo. 

0.  T.   Harris 

526.42 

BuHdlnes 

7000. 

Am't  of  Check,  $446.94 

Machinery  &  Equipment 

30000. 

5.  — 

Purchases 

15000. 

Warden  4  Co. 

25.81 

Everett  Oil  Heflnery 

60000. 

warden  &  Go's  Consgt. 

25.61 

Everett  Oil  Refinery 

60000. 

Cash 

25.61 

Cash 

25000. 

warden  4  Co. 

25.81 

Common  Capital  Stock 

35000. 

5.— 

— 

Pages  48-49. 

Discount  on  Stock 

3100. 

Cash 

58900. 

1. — 

— 

Common  Capital,  Stock 

62000. 

Discount  on  Stock  or 

e 

Promotion  Expense 

40000. 

D. 

Undivided  Profits 

20000. 

Cash 

60000. 

Preferred  Dividend  Ho.    1 

7500. 

Capital  Stock 

100000. 

Conanon  Dividend  Ho.   2 

7500. 

Patents 

100000. 

Dividend  Reserve 

7.— 

Cash 

5000. 

Capital  Stock 

2.  — 

Subscribers   (350  shares) 

100000. 

56250. 

35000. 

Preferred  Capital  Stock 

56250. 

Subscribers    (150  shares) 

13500. 

Di a count  on  stock 

1200. 

Disct.  on  Stock  or 

Installment  Ho.   i 

7200. 

Promotion  Expense 

1500. 

Installment  Ho.   2 

7200. 

Subscription 

50000. 

Installment  Ho.   3 

7200. 

Cash 

48500. 

Installment  Ho.   4 

7200. 

Subscribers 

46500. 

Common  Capital  Stock 

30000. 

Subscription 

50000. 

Cash 

7200. 

Capital  Stock 

50000. 

Installment  Ho.   1 

7200. 

t 

Cash 

42750. 

A 

30000. 

Discount  on  Stock 

2250. 

B 

30000. 

Coninon  Capital  stock 

45000. 

n 

30000. 

Patents 

5000. 

Good-will 

30000. 

Preferred  Capital  Stock 

n 

5000. 

Capital  Stock 
Subscribers 

20000. 

120000. 

b.^ 

Profit  &  Loss 

28250. 

Subscription 

20000. 

Preferred  Dividend 

4500. 

Cash 

20000. 

Coninon  Dividend 

3750. 

Subscribers 

20000. 

Surplus 

20000. 

Subscription 

20000. 

9. 

Capital  Stock 

20000. 

Preferred  Dividend 
Common  Dividend 

4500. 
3750. 

\ 

Inventory 

60000. 

Cash 

8250. 

Plant  4  Machinery 
Good-will 

30000. 
30000. 

Pages  40-41 

-=— 

Capital  Stock 

120000. 

0. 

Profit  4  Loss 

25000. 

1. 

Simpson  &  Long 

20.40 

Dividend  Ho.    1 

6400. 

Simpson  &  Long's  Consgt. 

20.40 

Good-will 

Reserve    for  Bad  Debts 

Surplus 

5000. 

250. 

H350. 

^o 


SU?PT.KMF,NTABY  770RZ. 


-6. 

4.— 



Cash 

30000. 

P 

15000. 

Capital  Stock 

.20000. 

Q 

500. 

Snrplufl 

10000. 

0 

1550C. 

-7. 

0 

199000. 

Cash 

13750. 

P 

199000. 

Capital  Stock 

5000. 

Q 

199000. 

Snrpltia 

8750. 

Capital  Stock 

597000. 

-8.  

Subscribers 

312500. 

D 

27000. 

Subscription 

250000. 

E 

24000. 

Surplus 

62500. 

F 

26000. 

Subscription 

250000. 

G 

23000. 

Capital  Stock 

250000. 

Capital  Stock 

100000. 

5.— 

Profit  &  Loss 

79500. 

Pages 

57-58. 

Dividend  Ko.   1 

42350. 

-1. 

40000. 

Surplus 

6.— 

Profit  &  Loss 

37150. 

H 

115000. 

I 

40000. 

Dividend  Ko.   2 

42350. 

J 

40000. 

Reserve 

25000. 

Capital  Stock 

120000. 

Surplus 

41650. 

CssH 

10000. 

7 

Capital  Stock 

10000. 

Profit  &  Loss 

87000. 

-2. 

Dividend  Ho.   3 

50820. 

H 

1000. 

Surplus 

36180. 

Oash 

1000. 

Surplus 

100000. 

Cash 

100«. 

Capital  Stock 

100000. 

I 

1000. 

Cash 

2000. 

Pages   62-63-64. 

J 

2000. 

Discovint  on  Stock 
Cash 

13500. 

1 

1500. 

Preferred  Stock  Subscribers 

900000. 

Capital  Stock 

15000. 

Pref.   Stock  Subscription 

900000. 

Cash 

60500. 

Discount  on  Stock 

30000. 

Premium  on  Stock 

5500. 

Sonmon  Stock  Subscribers 

570000. 

Capital  Stock 

55000. 

Common  Stock  Subscription 

600000. 

-3. 

Dash 

375000. 

Inventory 

43000. 

Preferred  Stock  Subscribe 

rs 

225000. 

Cash 

12000. 

Common  Stock  Subscribers 

150000. 

Accounts  Receivable 

17000. 

2. 

Notes  Receivable 

4000. 

Franchise 

25000. 

Building  &  Lot 

15000. 

Cash 

25000. 

Furniture  &  Fixtures 

3000. 

3.— 

Good-will 

20000. 

Cash 

375000. 

Accounts  Payable 

7000. 

Preferred  Stock  Subscribe 

ra 

225000. 

Notes  Payable 

6000. 

Common  Stock  Subscribers 

150000. 

Capital  Stock 

101000. 

4. 

Subscribers 

49000. 

Cash 

375000. 

Subscription 

49000. 

Preferred  Stock  Subscribers 

225000. 

Cash 

Subscribers 

Cash 

16333.33 

16333.32 

Conmnn  Stock  Subscribers 

150000. 

16333.33 

Cash 

225000. 

Subscribers 

16333.32 

Preferred  Stock  Subscribers 

225000. 

Cash 

16333.34 

Pref.  Stock  Subscription 

900000. 

Subscribers 

16333. 3-1 

Preferred  Capital  Stock 

900000. 

Subscription 

49000. 

Capital  Stock 

49000. 

SnPPL3EI.'TAI!Y  7:0?K. 


^f 


6.- 

12. 

Cash 

120000. 

Undivided  Profits 

115000. 

Coranon  Stock  Subscribers 

120000. 

Preferred  Dividend  No.    2 

4C000. 

Conmon  Stock  Subscription 

GOOOOO. 

Common  Dividend  Ko.   1 

50000. 

Coramon  Capital  Stock 

600000. 

Accrued  Interest  on  Bonds 

12500. 

n 

Accrued  Interest  on  Bonds 
Bond  Redemption  Fund  Cash 

12500. 

I  * 

Cash 

105000. 

25000. 

Preferred  Capital  Stock 

100000. 

Gash 

25000. 

Premium  on  Stock 

5000. 

Common  Dividend  No.   1 

50000. 

Discount  on  Stock 

20000. 

Conmon  Stock  Subscribers 

50000. 

Cash 

360000. 

Coramon  Stock  Subscription 

400000. 

Conmon  Stock  Subscribers 
Conanon  Stock  Subscription 

20000. 

400000. 

Common  Capital  Stock 

1  "^ 

400000. 

X.Om 

S.  - 

U.   S.   Bond  Redemption  Fund 

25000. 

Undivided  Profits 

40000. 

Bond  Redemption  Fund  Cash 

25000. 

IJivldend  Ko.   1 

40000. 

14. 

Cash 

306000. 

Bond  Redemption  Fund  Cash 

102000. 

b%  Coupon  Bonds 

300000. 

U.    S.   Bond  Redemption  Fund 

102000. 

Premium  on  Bonds 

6000. 

5^  Coupon  Bonds 

50000. 

9.  - 

Bond  Redemption  Fuiid  Cash 

50000. 

Cash 

206500. 

5^  Coupon  Bonds 

50000. 

55?  Coupon  Bonds 

200000. 

Undivided  Profits 

250. 

Accrued  Interest  on  Bonds 

2000. 

Bond  Redemption  Fund  Cash 

50250. 

Premixjm  on  Bonds 

4500. 

15. 

■ 10.  - 

Deficit 

765. 

Undivided  Profits 

12500. 

Profit  &  I,os8 

765. 

Accrued  Interest  on  Bonds 

12500. 

16. 

— 

11.  - 

Deficit 

625. 

Accrued  Interest  on  Bonds 

12500., 

Profit  &  Loss 

825. 

Cash 

12500. 

t--  A 


.1 


YC  45033 


54rJi)3 


UNIVERSITY  OF  CALIFORNIA  LIBRARY 


